Industry Funding
Funding for Professional Services
Firms billing on retainer, project, or milestone terms often have real revenue on the books that hasn't converted to cash yet.
Funding based on projected revenue can help a firm take on a larger engagement or cover overhead without waiting on a client's payment terms.
Common uses in professional services
- Payroll between client payments
- Office or technology upgrades
- Marketing and business development
- Taking on a larger engagement
How this works: Backstone Capital Connect does not itself make loans, extend credit, or fund merchant cash advances. Backstone connects eligible businesses with third-party funding providers and does not guarantee approval, a specific funding amount, terms, or funding speed. All underwriting, approval decisions, and final terms are determined solely by the applicable third-party funding provider.